Enhanced global due diligence services

The provision of services for: the conduct of enhanced global due diligence on persons or entities applying for a license with or approval by the Commission and on other relevant associates or individuals, to verify its or their identity, background, financial history, and sources of wealth and assess the relevant risk for corruption, terrorism, money laundering, political sanctions, and their reputation.
It is estimated that the total number of the required enhanced due diligence reports will be circa 6 for the first year, 6 per year for the second year, 5 for the third year and 5 for the fourth year of the Framework Agreement. However, it is stressed that the actual purchases under this framework agreement will depend on the actual needs arising and the available budget.
Cost to be initially covered by the Commission and reimbursed by applicants.